RE:Every month cash disclosure Yeehaw1 wrote: MG must include a statement in every month in Discord meet - the status of cash in the bank is it 20 mill or now getting reduced due to number if factors?
and then that will get compared with Q3/Q4 - 2022 that will show that after all admin, management etc etc expenses whats the cash balance in hand.
that might play some role as well.
Yes, there are expenses, but the company is profitable so the cash in the bank will be going up. It will dwindle down when they start making aquisitions. With Q4 and Q1 still to report, this company could easily add another $5-7 million from Q4 and perhaps $10-15 million in Q1. You could be looking at a company with upwards of $40 million in the bank!